Mar 17, 2010, 04.33 PM | Source: Reuters
Healthcare and IT solutions provider Religare Technologies Ltd has acquired the healthcare business of Sobha Renaissance Information Technology Private Ltd.
Sobha Renaissance is a company promoted by the founder of Sobha Developers . The financial terms of the acquisition were not disclosed.
Sobha stock price
On February 12, 2016, Sobha closed at Rs 246.50, down Rs 3.8, or 1.52 percent. The 52-week high of the share was Rs 504.50 and the 52-week low was Rs 244.20.
The company's trailing 12-month (TTM) EPS was at Rs 16.57 per share as per the quarter ended December 2015. The stock's price-to-earnings (P/E) ratio was 14.88. The latest book value of the company is Rs 239.21 per share. At current value, the price-to-book value of the company is 1.03.